BRIDGE LOAN FINANCING
No Down Payment Bridge Loan
Financing SAMPLE Terms
This lender is not a bank and does not review the transaction as a conventional lender would but rather on the basis of securing a first lien on sufficient collateral to provide the requested loan amount with No Down Payment from the Client. The lender will want to make certain that the cash flows of the company will be sufficient to cover the debt service on the loan.
LOAN TERMS
LOCATIONS AVAILABLE:
MINIMUM AMOUNT:
ELIGIBLE PROPERTIES:
ELIGIBLE TRANSACTIONS:
LTV :
LOAN TERM:
INTEREST RATE:
PREPAYMENT:
CLOSING TIME:
Worldwide
$1 Million USD minimum on International Projects
As low as $200k on projects located in the United States / Canada.
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Residential subdivisions (No one-off or scattered site Single Family Homes)
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Commercial Real Estate Properties
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Multi-Family
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Retail / C-Stores / Offices
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Warehouse / Light Industrial / Self-Storage
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Hospitality / Resorts
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Senior & Assisted Living
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Medical / Hospital / Nursing
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Special Purpose
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Land
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....and more
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Acquisition
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Refinance
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Development / Construction
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Major Renovations
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80% LTV against eligible accounts receivables
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60% LTV against the Orderly Liquidation Value (OLV) of equipment/real estate
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50% LTV agains the OLV of Inventory
Up to 3 years
12% Interest Only
No prepayment penalties
30-45 Days
LOAN COSTS
LENDER FEE:
PRE-CLOSING COSTS:
ARRANGER'S FEE:
3 Points at Closing
Due Diligence expenses / Underwriting Costs. Amount is very case-by-case. Typical standard loan underwriting costs (appraisals, feasibility studies, etc.) can be around $20,000 - $50,000 USD.
Upfront Refundable Retainer Fee of $3,500 - $5,000 in most cases*
* This program is offered through one of our trusted Arranging Sources based out of New York City.
This source does charge a fully refundable Retainer Fee in order to proceed with their lending
solution. This source is A+ rated with the BBB for over 20 years. Their retainer is 100% refundable if
no offer is made by the lender or if the terms agreed to are different from the terms offered.